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9 Summer Street, Newport, NH 03773
$325,000
9 Summer Street, Newport, NH 03773View this property at 9 Summer Street, Newport, NH 03773
9 Summer StreetNewportNH03773
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Property Description
Uncover the extraordinary potential of this well maintained 4-unit property, each apartment radiating a harmonious blend of contemporary design and practicality. Positioned in close proximity to the town center and in close proximity to our area's greatest attractions such as Mount Sunapee and Lake Sunapee, this property stands as a beacon for active investors. The interiors have undergone thoughtful updates, ensuring a modern and inviting living space for tenants. What sets this property apart is not just its picturesque interior design but also its remarkable profitability, consistently fully occupied, securing a steady and reliable income. Additionally, a detached shop, formerly a busy wood working business, adds an extra layer of versatility to this unique investment. Boasting a strategic commercial zoning, this property not only capacities a flourishing passive income stream, but also opens doors to diverse entrepreneurial ventures. Seize the opportunity to own a property that seamlessly combines residential comfort with commercial opportunity, offering both a secure investment and a chance for entrepreneurial creativity.
Full Property Details
Full Property Details for 9 Summer St
General
- Sold For: $325,000
- Taxes: $3,600 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 4982273
- Added to Site: 104 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit2=Annual, Unit3=Annual, Unit4=Annual,
Rooms
Bathrooms
- Total Bathrooms: 5
- 3/4 Bathrooms: 5
Exterior
- Exterior Features: Outbuilding, Porch, Storage
Location
- County: Sullivan
- Neighborhood: Near Golf Course, Near Paths, Near Shopping, Near Skiing
- Driving Directions: From the center of town follow Sunapee Street heading towards town of Sunapee. You will find Summer Street on you left hand side. Once you turn onto Summer Street property will be on your right.
School Information
- School District: Newport Sch Dst SAU #58
- Elementary School: Richards Elementary School
- Middle School: Newport Middle and High School
- High School: Newport Middle High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
- Heating Fuel: Oil
- Water Heater: Off Boiler
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction Status: Existing
- Construction: Wood Frame
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Entrance: Walk-up
- Basement Desc.: Exterior Access
- Roof: Shingle - Asphalt
- Stories/Levels: 2.5
- Finished Total: 2,835 Sq. Ft.
- Finished Above Grnd: 2,835 Sq. Ft.
- Year Built: 1860
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 3
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,504
- Frontage: Yes Road Frontage
- Frontage Feet: 117
- Street/Road Desc.: Public
- Driveway/Sidewalk: Gravel
- Zoning: B2 Heavy Commercial
- Lot Description: Open, Ski Area, Trail/Near Trail
Financial Considerations
- Price Per Sq. Ft.: $101.94
- Tax Amount: $3,600
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.75%
- Lot Number: 211000
Listed by Coldwell Banker LIFESTYLES - Sunapee, Buddy Howe
Sold by Coldwell Banker LIFESTYLES - Sunapee, Michael. Pitkin
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Schools
Schools serving 9 Summer St
School District:Newport School District
Rating | Name | Grades | Distance |
---|---|---|---|
21 School St, Newport, NH 03773 | PK-5 | 0.1 mi | |
245 N Main St, Newport, NH 03773 | 6-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9 Summer St
Date
Details
Price
Change
Source
2/23/2024
Sold
$325,000
12.46%
MLS
1/15/2024
Listed
$289,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9 Summer Street, Newport, NH 03773 (MLS# 4982273) is a Multi-Family property that was sold at $325,000 on February 23, 2024. Want to learn more about 9 Summer Street? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.